What happened
A federal judge refused to void a settlement between Gemini and the CFTC regarding a prior enforcement action, despite changes in crypto policy under different U.S. administrations.
Named in this item
Organization, regulator US — —
What compliance teams should check
- Review enforcement actions involving Gemini and the CFTC
- Assess exposure to Gemini for ongoing compliance risks
- Monitor regulatory developments in U.S. crypto policy
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A New York federal judge on Thursday denied a request by the U.S. Commodity Futures Trading Commission and Winklevoss-owned cryptocurrency exchange Gemini to throw out a settlement signed by the company to end a Biden-era enforcement action, saying there's no significant change of facts and a crypto policy shift under the Trump administration doesn't negate the deal.Law360, 15 Oct 2026, 22:22 UTC, law360.com